My bias yesterday for this pair was bullish but now its changed to bearish and here is why:
The trend of the market is bearish as that's clear to see.
The market has rejected the 55 ema my trend indicator
stoch is above 60 but its started to curl and point down so that's a indication we might be going bearish
Large bearish pin bar allowing me to take the opportunity to short the market.
So I'm going to set and forget and let the market do the work.
Happy hunting
The trend of the market is bearish as that's clear to see.
The market has rejected the 55 ema my trend indicator
stoch is above 60 but its started to curl and point down so that's a indication we might be going bearish
Large bearish pin bar allowing me to take the opportunity to short the market.
So I'm going to set and forget and let the market do the work.
Happy hunting